Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 64.97

-1.1%

Jan 23 9:30 AM EST

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To: djane who wrote (1499)	7/23/1998 1:08:00 AM
From: Beefeater	Read Replies (1) of 29987

To all: as Readware has commented, GSTRF (like LOR) is an "event-driven" stock. Events such as succesful launches, acquisitions, etc., will boost the price. No events, no price hikes. So the short term momentum players desert, letting it fall by gravity. Plus the dread of 12 birds on one candle... A colleague of mine asked if I had heard anything about Hyundai resigning its role in G*, either as equity partner or service provider or both. Anyone hear anything, or can find out? Beefeater

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